Price broke out from an Ascending channel, There is still more selling power as sellers would move price more lower. Reasons is because there is are two scenario. Price formed a bearish corrective structure as our first confirmation to sell. Also there's a Head and Shoulders Pattern.
Price breaks the neck line this could give more room for price to move to our target area
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Price breaks the neck line this could give more room for price to move to our target area
View Our Entries Here